Flat 3 1 Richmond Road

    FLAT 3 1, RICHMOND ROAD, GILLINGHAM, GILLINGHAM, ME7 1LL

    This flat/maisonette leasehold property on Richmond Road last sold in May 2005 for £59,000. Based on price growth in the ME7 district since then, its estimated current value is £93,668 — placing it in the 3rd percentile nationally and the 1st percentile within ME7. The property covers 52 m² (560 sq ft), giving an estimated value of £1,801 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £59,000

    May 2005

    Estimated Valuation

    £93,668

    Est. £/sq ft

    £167/sq ft

    £1,801/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateNov 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 May 2005

    £59,000

    28 Mar 1996

    £26,995

    Key Metrics

    Estimated valuation£93,668
    Value per sq ft / m²£167/sq ft (£1,801/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME7 district percentile1st percentile
    National percentile3rd percentile

    District Context — ME7

    ME7 covers Sittingbourne and the surrounding areas of mid-Kent, positioned between the Isle of Sheppey and the North Downs. It is a mixed residential and commercial district with a blend of suburban neighbourhoods and industrial heritage.

    Average Property Price - ME7

    £304,693

    43

    National percentile

    Average Net Household Income - ME7

    £40,011

    58

    National percentile

    10-Year Annualised Price Growth - ME7

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - ME

    4.8%

    89

    National percentile

    View full analysis for ME7

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